Franchise for Sale Earning Owner Operator over $100 000 Pt South Point, OH 45680

Property Details for Franchise for Sale Earning Owner Operator over $100 000 Pt

Property size

2,800 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This established South Point, Ohio restaurant franchise presents a lucrative investment opportunity. Generating $522,000 in annual sales with $105,000 in owner-operator earnings, this 2,800 square foot space offers significant potential for growth. The current lease, at a low monthly rate of $3,158, extends through 2025 with a ten-year renewal option. The sale includes all necessary equipment, from a comprehensive kitchen setup (including two Turbo Chef ovens, a Hobart mixer, and extensive shelving) to dining tables and lighting fixtures. The business currently employs six staff members. The seller's retirement creates this unique opportunity. Located in a thriving area with ongoing commercial development, this franchise benefits from a strong customer base and expansion potential. Low royalty fees (3% of sales) and marketing fees (1% of sales) maximize profitability. SBA financing is available with 20% down for qualified buyers, and unsecured lending options up to $200,000 may be available for those with strong credit (680+). This turnkey operation is ready for a new owner to step in and continue its success. The restaurant comfortably seats 54 guests. This is a rare chance to acquire a profitable, established business with a strong financial foundation and significant upside. The asking price is $275,000.

Location Insight

City

South Point

County

Lawrence

State

Ohio

Longitude

-82.551

Latitude

38.4687